How does a Citi World MasterCard report?

I just got a letter from Citi telling me that my Citi Diamind Preferred Rewards has been upgraded to a "World MasterCard"... Does this mean that my card will stop reporting my credit limit and that the balance I have on it will be taken as the new limit and it will appear to the CRAs as a maximized card? Should I call and ask them to downgrade my card to its previous status?

Re: How does a Citi World MasterCard report?

The CITI World Master Card might or might not report a CL or a high balance. When no CL is reporting, FICO then looks to see if a "highest balance" is reporting. If a CC doesn't have a CL and a highest balance reporting, the card will not factor in FICO revolving utilization calculations. Here is how my CITI World MC reports on my reports:

Re: How does a Citi World MasterCard report?

Can we assumed the way it reports to EX is good? What if this card were the highest CL?

Zar

For me, the way my CITI World card is currently reporting on EX is a good thing. Its the only card I have reporting a small balance. This ensures maximum FICO points for util. That said, there are some benefits to having one of these cards if its not reporting a CL and high balance. You can carry a big balance and it won't trash your FICOs.

Re: How does a Citi World MasterCard report?

Seeing that you understand how this card might report with each bureau, it really doesn't matter if this card is your highest CL. The trick is to watch your util, so that if any of the bureaus report a CL or high balance for this card, make sure you don't have a big balance reporting.

Re: How does a Citi World MasterCard report?

I meant if this card has your highest credit line... is this a positive or negative thing?

Zar

Zar, do you have balances on your other cards? If so, then this may be a negative for you. It might increase your overall % utilization if this credit limit is not used in the calculations.

Something else to consider...if this is your highest limit card by far, and if your report won't show you as having a high limit card... getting another high limit card may be a bit tougher, as nobody wants to be first.

Re: How does a Citi World MasterCard report?

Hm, that's interesting. I have the American Airlines Citi World Mastercard and it doesn't display credit limit on EQ and does not factor in my utilization on EQ. As far as EX or TU, not sure. While I do have a limit on my statement, I've mentioned before that there is also no pre-set spending limit, so I can spend over my limit without penalty as long as I go under my limit by the time the next statement is out.

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